What is the rate of interest p.c.p.a.? (Bank P.O., 2006) I. Simple interest earned per annum is ₹ 5300. II… · ABC26GN4225
Subject: General Aptitude · Chapter: Compound Interest
What is the rate of interest p.c.p.a.? (Bank P.O., 2006) I. Simple interest earned per annum is ₹ 5300. II. The difference between the compound and simple interest on an amount is ₹ 1060 at the end of 2 years. III. An amount doubles itself in 5 years with simple interest.
(a)All of these
(b)Only III
(c)Either II or III
(d)Only III or I and II
(e)Question cannot be answered even with the information